Tate Circuit Industries Limited

Tate Circuit Industries Ltd from Lichfield UK: a small company with an active status, celebrating 50 years since its founding in 1974, employs six people, and holds assets valued at £457,151. It’s managed by four directors and has one owner, regularly importing electrical machinery and equipment—a total of 54 months of import activity, with the most recent operation in June 2024. The company’s real address is registered at WS14 9TZ, England.

Tate Circuit Industries operates as a PCB (printed circuit board) manufacturer, offering services ranging from prototype boards to full-scale volume production. Its website highlights expertise in aluminium PCBs, PCB stencils, and flexible PCBs, catering to sectors like automotive, aviation, and medical. It also has a factory in Shenzhen, China, and a sales office in Staffordshire, UK, allowing it to offer cost-effective solutions while maintaining high-quality customer service. The company even has a presence in Harrods, London, with its piano restoration division.

Financially, Tate Circuit Industries presents a mixed picture. Current assets increased by 15% to £460,000, while net assets grew by 5% to £260,000. Cash bank on hand also saw a healthy increase of 13% to £270,000. However, creditors jumped by 39% to £210,000, and trade debtors rose by 18% to £190,000. The company’s small size—meeting two of three criteria for a small company—allows for flexibility, but the rise in creditors suggests a need to manage debt. There’s no auditor mentioned, consistent with its status as a small, audit-exempt company. The company’s long-standing presence in the industry, combined with its dual manufacturing locations, positions it well for continued operation, though careful financial management will be key.

Registered in England/Wales under the registration number 01183623, with a registered address at WS14 9TZ, England, Lichfield, Staffs, Unit 1 Europa Way, Britannia Enterprise Park.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.